Energy Exchange

What the world’s largest provider of oilfield services has to say about innovation and regulation

By Aileen Nowlan / Published: April 5, 2019

Here is something you don’t hear every day: oil and gas methane regulations can reinforce innovation and leadership. Numerous new methods to reduce oil and gas methane emissions are being developed; and regulators, environmentalists, oil companies and innovators are working together to craft a new way for innovation to be recognized and rewarded.

I interviewed Drew Pomerantz of Schlumberger, the world’s largest provider of oilfield services, about what new methods and technologies are available to reduce oil and gas methane emissions, what their impact might be, and what is needed to realize that potential.

Posted in Fourth Wave, Methane, Methane regulatons / Comments are closed

Investors urge companies to support methane regulations. Are they listening?

By Kate Gaumond / Published: April 4, 2019

Over the past few weeks, companies like BP, Equinor, Exxon and Shell have publicly stated their support for direct federal regulation of methane. It is not every day that a company asks for more rules rather than less. What’s one of the driving forces behind these public position reversals? Investors.

Investors have been an important pressure point in moving these companies to their new policy positions, and they continue to wield their influence to encourage more companies to join.

Posted in Methane, Methane regulatons / Comments are closed

California fixes a major problem with oilfield wastewater injection

By Adam Peltz / Published: April 1, 2019

A new rule goes into effect today that will help protect California’s groundwater.

The rule applies to injection wells – the underground facilities that enable enhanced oil recovery and the long-term disposal of the oil industry’s wastewater. California has around 55,000 oilfield injection wells, nearly one-third of the nation’s total, and the state’s oil industry injects over 100 billion gallons of water a year into them. The Division of Oil, Gas and Geothermal Resources (DOGGR) came under scrutiny in recent years when the U.S. Environmental Protection Agency (EPA) discovered state regulators accidentally allowed thousands of wells to pump oilfield wastewater directly into drinking water aquifers, along with other program deficiencies.

Posted in California, Natural Gas / Tagged Water | Comments are closed

As electric trucks and buses charge ahead, how can we help them avoid roadblocks?

By Jason Mathers / Published: April 1, 2019

The business and environmental case for electrifying large electric vehicles – such as buses, delivery trucks, garbage trucks and regional “day cab” tractors used at ports – is gaining traction, and there’s good reason to be excited about this momentum.

FedEx recently announced that it’s adding 1,000 EV delivery vans to its fleet. Amazon announced a $700 million investment in an electric truck start-up and then pledged to have half of its deliveries be zero-emissions by 2030. And in California, all new municipal buses will be zero-emissions within a decade, the result of a bold new program adopted by the state’s Air Resources Board last year.

As companies and local governments move from piloting electric fleets to full deployment, their climate potential is becoming clearer. For example, a recent Bloomberg report found that by the end of 2019, a cumulative 270,000 barrels a day of diesel demand will have been displaced by electric buses globally. That’s more than three times the displacement by all the world’s passenger electric vehicles.

Posted in Air Quality, Electric Vehicles, Grid Modernization / Comments are closed

Momentum building on methane, Europe’s climate blind spot

By Poppy Kalesi / Published: April 1, 2019

In a new resolution on the European Union’s (EU) net-zero strategy, the European Parliament once again acknowledged the political urgency for legislation on what has, to date, been Europe’s climate blind spot: methane emissions. This vote on March 14, is the fourth significant development in the space of the last six months, raising expectations that the EU is finally embracing a major opportunity to better characterize emissions of methane and take action to unlock cost-effective mitigation.

Methane is a short-lived climate pollutant. Increases of methane in the atmosphere from human activity account for more than 25 percent of the warming we currently experience. According to the Intergovernmental Panel on Climate Change (IPCC), over a 20 year period, methane has a global warming potential (GWP) up to 87 times higher than CO2. While methane breaks down in a decade, carbon dioxide sticks around for more than a century. To avert climate catastrophe in the near term and long term, we must reduce both.

Posted in Europe, Methane, Methane regulatons / Comments are closed

New Mexico legislation marks new focus on improved oil and gas oversight under Gov. Lujan Grisham

By EDF Blogs / Published: March 22, 2019

By Jon Goldstein and Nichole Saunders

When New Mexico legislators adjourned last Saturday, they had a long list of accomplishments for the first session under Gov. Lujan Grisham’s executive leadership. Near the top of that list is a bill that, once signed, will mark the first major legislative reform for the state’s oil and gas industry in over a decade.

House Bill 546 has significant implications for how the state oversees its large and growing oil and gas industry. This includes restoring crucial powers to the state’s main oil and gas regulator and enabling it to protect the state’s air and water resources from oil and gas pollution, as well as clarifying how New Mexico manages the massive volume of oilfield wastewater, or “produced water,” generated by operators. These reforms, championed by Sen. Richard Martinez, Rep. Nathan Small and Rep. Matthew McQueen will begin to deliver oil and gas policy that New Mexicans can be proud of.

Posted in Natural Gas, produced water / Tagged New Mexico, produced water | Comments are closed